Metaplanet and Smarter Web Double Down on Bitcoin with Major Purchases

Two publicly traded firms, Japan’s Metaplanet and the UK’s The Smarter Web Company, are significantly investing in Bitcoin by adding nearly $100 million to their corporate treasuries. Metaplanet purchased 518 bitcoins (BTC) for roughly $61.4 million at an average price of $118,519 per coin, bringing its total holdings to over 18,113 BTC worth approximately $2.15 billion. This latest purchase makes the company one of the top public companies globally in terms of Bitcoin holdings.